Recognized Loss means the amount of a claim by a Settlement Class Member, as defined in the Plan of Allocation.
Recognized Loss is the amount of a claim under this Plan and is the number used to calculate an Authorized Claimant’s Recognized Claim.
Recognized Loss is the amount of a claim under the Plan of Allocation and is the number used to calculate an Authorized Claimant’s Recognized Claim.
Examples of Recognized Loss in a sentence
If a Recognized Loss Amount calculates to a negative number or zero under the formula below, that Recognized Loss Amount will be zero.
If a Recognized Loss Amount calculates to a negative number or zero under the formula below, the Recognized Loss Amount for that transaction will be zero.
In the calculations below, if a Recognized Loss Amount calculates to a negative number, that Recognized Loss Amount shall be zero.
In accordance with the Plan of Allocation, however, the Recognized Loss Amount on “short sales” and the purchases covering “short sales” is zero.
For example, if a class member maintained an active Plan account between January 1, 2016 and June 30, 2019 (i.e., 42 months), the Recognized Loss for that participant will be $13.00.
More Definitions of Recognized Loss
Recognized Loss means an Authorized Claimant's loss as determined by the 5 Claims Administrator.
Recognized Loss means the amount of loss on each Security depending on when the share was acquired, sold, or if it was retained, as calculated pursuant to the Plan of Allocation.
Recognized Loss for settlement purposes means the loss sustained by an Authorized Claimant, calculated as follows: purchase price of Summit stock (including fees and commissions) minus $3.875 or, in the event such shares were sold prior to the end of the Settlement Class Period, the price received for such shares (net of fees and commissions). If a member of the Settlement Class sold its, his or her Summit shares at a price (net of fees and commissions) higher than its, his or hers purchase price for such shares, there is no Recognized Loss and in such event
Recognized Loss means the amount of loss calculated for an Eligible Claimant
Recognized Loss means the difference, if a loss, between the amount a Qualified Claimant paid for Happiness Express common stock during the Coopers Class Period (including brokerage commis- sions and transaction charges), and the sum for which said shares were sold at a loss (net of brokerage com- missions and transaction charges) on or before May 8, 1996. As to those shares of Happiness Express com- mon stock purchased during the Coopers Class Period which the Qualified Claimant continued to hold as of the close of trading on May 8, 1996, “Recognized Loss” shall mean the difference, if a loss, between the amount a Qualified Claimant paid for Happiness Express common stock during the Coopers Class Period (including brokerage commissions and transaction charges), and $2.50 per share, the closing price of Happiness Express common shares on May 8, 1996. Purchases during the Coopers Class Period will be matched against sales during the Coopers Class Period on a chronological basis. Transactions resulting in a gain shall not be included. The Recognized Loss formula is not intended to be an estimate of the amount that a member of the Coopers Class might have been able to recover after a trial; nor is it an estimate of the amount that will be paid to Qualified Claimants pursuant to the Settlement. The Recognized Loss formula, if approved by the Court, will be the basis upon which the Net Settlement Fund will be proportionately allo- cated to the Qualified Claimants.
Recognized Loss means a Claimant’s nominal damages as calculated pursuant to the formula set forth herein, and which forms the basis for each Claimant’s pro rata share of the Class Compensation Fund.